Ha-Joon Chang Interview

According to Dr. Ha-Joon Chang, modern economics emulates the spirit and purpose of medieval scholasticism in upholding — above all else — the status quo. Nowhere is this more apparent, or more required, than in the ridiculous nostrum of “free trade,” though if you look closely most elements of mainstream economics are riddled with conceptual error. Because human beings are human beings, not calculating machines. Kudos to Ha-Joon for taking on the system from within! And, btw, if you haven’t yet read it, please buy or borrow Ha-Joon’s most recent — exceptionally outstanding — book, 23 Things They Don’t Tell You About Capitalism (Bloomsbury, 2011). Total runtime thirty six minutes. Sub speciē aeternitātis.